" PAGE TWO The OREGON STATESMAN Salem. Oregon, Friday Morning, April 21, 1933 . x . -
- - mm I
BACKERS VIEWS
WIDELY VARIED
Dangerous,1 say Some; Step
Forward, say Others;
Gold not Lacking
(Continued from O " '
United State decision ta abandon
Cold tor settling International bal
ances was not prompted by lack
of sold an was England', bat bad
been taken deliberately by the
government after most available
gold in tne nation tad neea lm
pounded, as a reserve by tbe fed
eral government. i
One local banker said It bad
long bees apparent that either
debts aunt be sealed down mater
' lally or else some form of refla
tion must be vroTlded for la the
form of easier money. The latter
policy ta tbe most equitable, he
declared. . i. - ..-:
Inflation Mere
Stimulates Baying;
Loctl merchants liked, the In
flation more, saying that it bad
stimulated baying as customers
lrcr informed that flour,- sugar
a ad other staple goods were 1;o-
lng up.
. The state purchasing depart
ment was notified yesterday of
increases In potatoes. In sugar and
In flour and bought to protect the
state for the next few weeks from
these hlaher prices.
A three-cent boost In the price
of wheat on the local market yes
terday marked tbe heaviest price
flare, presumably coming nana in
hand with the prospects of infla
tion. Wheat was quoted at 65
eents, the Highest local offering
in almost 18 months, or since No
vember 5, 1S31.
The fruit markets and hop sit
nation will stiffen under the drop
ping of the gold standard, local
dealers believe.
Already some inquiry on dried
fruits has been received by the
II. S. Gile company here, W. T.
Jenks of that office, said yester
day. No sflles were reported yea-
terdayJbutJlmJirst indication of
business in more than two weeks
was promising. Inquiries yester
day. In volved future deliveries, but
local dealers were looking for sale
of goods on hand.
The cheaper money will bring
a better trade condition with Eng
land, which uses a quantity of the
prunes raised here.
George Paulue of the' Paulas
Bros. Packing company, stated
that no results of the Inflation
were noticeable at their plant yes
terday, but he expected the mone
tary situation would bring a pick
up in United Kingdom business.
Hoe Market to
Miff en, Eipected
The hop market, easy buying
so far this week, will likely stif
fen up within the next day or two
doe to changed financial basis,
and also due to the fact .that
growers, by sales of a portion of
their, holdings recently, are in i
better position to hold for a firm
er market on the balance.
Hop sales reported yesterday
Included 298 bales at 28 cents.
bought from a. number of grow
ers by the Livesley company.
Egg prices climbed a notch lo
cally yesterday, to top of 11 cents.
Mohair, which may be expected to
show some strength as a result
of the financial condition, was
holding steady here.
HELD OVER
Ends Saturday Night
BECAUSE ALL
SALEM WANTS
TO SEE IT.
YOU'LL WANT TO
. SEE IT AGAIN
AND AGAIN THIS
Super-drama !-Two mighty
snows in one! . . . Gripping
story of playgirls and pay
boys - . . Packed with love
thrills and wonderful music
i : r
ine
Call
Board
By OLIVE M. DOAK
ABROAD HALTS
grand
Today Urn McCoy.ln -The
J Western Code '.
THE EI4IXORE
Today Cast of 14 stars In
42nd Street".
HOLLYWOOD
Today Double feature:
"Jungle Bride" and Buck
Jones In "White Eagle."
FINAL (OH OF
YEM IS PLEASING
(Continued from cast I)
I Rallies at Close of day;
Stocks, Bonds up but
Loans are Heavy
(Continued from pag 1)
ed but after I the situation had
been resurveyed. the dollar stop
ped its downward plunge and im
proved to 13.855 in dealing at the
end of banking hours. Financial
commentators awaited further de
velopments before expressing
opinions on the meaning of the
American action.
Paris The finance ministry de
clared there was not the faintest
thought of placing an embargo on
gold, although the present. cab
inet recently declared it was .in
evitable that France should desert
gold if America did. Gold supplies
of Belgium. Holland and Switzer
land, were drifting to Paris, and
there was talk that those nations
aty Tennis; HBHS III IIST;
SHFLJTliStS
DALLAS. April 20 Tbe
third annual city tennis tourna
ment will open bere on Friday,
11 tm. t 1 Am.mm Pmmt mm
Istration has been set for Wed-1 1 tT
nesday, April 2t.
A committee, composed Of El
wyn Craren, J. R. Beck, and
(Continued from page D
as a" result of tbe world-wide de
oresslon. but that wages and re-
tall prices did not fall as preclp-
This Is a natural development.
It Is explained, because the pro
cess of fabrication, inrolres many
factors, such - as - transportation
firm "and .exact that bis notes woLd dePrt from sold. -"A' bank
oi i rinc uaiemeni. snowea a
seem each a perfect unit of sound
whleb melts into the whole theme
with brilliant and satisfying com
pleteness. Each theme and coun
ter theme holds its own identity,
each note has an elactlcity that
makes K seem alive, yet all molds
perfectly Into the completed
theme of the composition with
masterly perfection.
It Is a joy to hear Mr. Camp-
gain In the large gold reserve.
Rome While the dollar fluc
tuated' between lty. and 17 lira
American tourists sought advice-
from bankers and Italian officials
viewed the situation calmly.
Berlin O e r m a n economists
said the United States action
served to underscore recent de
mands that normal International
llshed. Several newspapers con
demned the action in tbe. United
States.
bell. Familiar numbers, such as monetary transactions be re-estab-
"La Campanella", Pagan inl-Lisit,
take on new meaning and beau
ty; Chopin loses some of his over-
sweetness In favor of becoming
strength.
The Thursday night concert
closed the season for the Salem
MacDowell club. It has been a
splendidly creative season with
many improvements and much
musical advance. Next year holds
an excellent omen.
Mrs. W. S. Levens has been
president of the organization for
this year.
Fred Lewis, held a meeting lately an4 taxes which Inevitably make
and submitted a report making themselves felt later In any deria-
recomendatlons for the tourney, tionary cycle. -
They suggested that the same This sharp disequilibrium exist-
rules and regulations used last jng between quotations "for raw
year be; followed, but players materials and retail goods was
shall bave chance . to arrange creatine- distress to our mass con-
thetr own matches and that thelBuming power, bankers Itate. And
tourney shall' be divided Into! M the foreign countries success-
groups: men's open, women's hreir went off tbe gold standard,
open, senior boys, and girls. their . depreciated currencies en-
The men's open division , will 1 abled them to capture a dispro-
be open to anyone not register- J portlonate share of the American
lag in either the senior or Junior I market which still was using dol-
divisions; the - senior division lars anchored to gold. '
will be, established for men over I But with America no longer
the age of 24 'and a trophy will moored to gold, and with .the re
be provided for this division from lapse of the dollar la terms of
the funds of the committee; tbe other currencies, American pro
wianers of the Junior and senior ducers may again be able to com-
dlviaions may challenge the win-1 pete successfully with other coun-
ner of the ones division to decide I tries.
the ettr championship. 1 It England a experience la any
Anr'Blaver who has been da-1 criterion, retail prices bere and
feated onlT one mar challenge I the cost of living In general will
.. . . .7.1 n m ...t . J H .A 4 , v ..u.
any otner piayer wno nas noil 8' w
met two defeats ion of some Wall street authorl-
Last year's winners were: " Tbe fact It did not suffer so
men's sins-les. Cart 0rl nrr. I wp rnw mieri
Jr.; women's singles. Dorothy I "ouia militate against any suo-
Hill; boys, J. C. Pleasant; and Bn" n now, n is siaiea
BEER SUPPLY STILL
IS
mm
CORNER
H M D MEMBERS
OF
IBS
A small amount of 3.2 per cent
beer may arrive In Salem within
10 days but there Is no prospect
of any continuous supply being
available for quite some time,
Walter T. Stolz, manager of the
Gideon Stols company, told mem
bers of Fraternis club at. The 'Spa
last night. Mr. Stols recently con
ferred in Portland with sales rep
resentatives of the nation's lead
ing brewers.
The Portland brewery, he said.
Thirteen new members were can produce a limited three-day
chosen from this years' senior supply for Oregon every 20 days,
class at the Salem high school Portland beer drinkers face the
yesterday for membership to the same shortage as those In Salem.
Sigma Lambda chapter of the n sales representatives re-
honor society, at an aasemblv ported that not a single bill of
-' - 1 1. . . .
meeting. Members of the socle- "ng naa Deen received tor west-
tv went thrntirh th AniHfnrlnm era SflipmentS from the St. Louis.
and touched the chosen ones on I Mo" brewery, largest In the coun
the shoulder to notify them of try Mr- sto1 was Informed there
the honor waB aot ucn prospect oi eastern
New members selected are Deer. on eoa8t for
Dorothy Beckley, Louis Demytt, n"7 "7.
Mark Gehlhar, Dorothy Keeton,
Lucy Klein, Jean McElhinney,
Laurence Morley, Harry Mosher,
Rachel pemberton, Eleanor Trin-
dla, Mina Turner, Esther Wirt
and Rachel Tocum.
During the first part of tbe
assembly meeting Professor
Walker of the Northwest School
of Commerce In Portland talked
to the students.
BRILLIANT METEOR
SEEN FROM SALEM
Mil III
0P10IJ OF JONES
(ConUniMd from page 1)
south of Salem and traveled about
200 miles before It exploded. It
was visible between two and three
seconds.
"We are not going oft the Sold
PORTLAND, Ore., April 20
(AP) Thousands of Portland
residents tonight saw a meteor
of unusual -size and brilliancy
Oasb across the eastern sky. It
wss seen about 8:45 p.m.
The meteor appeared to pass
p?
standard because we haven't I from south to north almost bori-
enough gold; we have the lion's I sontally and to change colors
snare," Prof. William C. Jones (from green to blue to white as
commented at the Lions club 1 It fell toward the earth. It was
luncheon yesterday In discussing I believed to have been the same
the suspension of United States one seen as far east as Taklma,
gold payment in ioreign exenange. I ana as far south as Salem.
Prof. Jones gave two reasons for
this move:
One, "made for the purpose of
putting the United States in a
more favorable position In this
economic conference next week.
The nations which adhered to the
gold standard are suffering in the
ioreign marxeis. Tlia sim rmov.. n
tJLw?;,L:w! Jil? 'U' mos. Lake, abOT. Scotta
.e.,..uu vuituuS ""'"'"' MU t. AD S f TA.RI ta Ti!V Snn,.
"The thing that Interests me Tbu ia i.v. - . .
X . M m m. Aa I V vaM m& OB 1U
mosi, saia me nreiessor, J I area i. - .
what IntlaUonary method we are wlffiaoi tEtto
going to use. I can't see any sys- InBMrt rthT-
. A ; tl! LI.L 1 I m O - s
utilised that U going to be fair )ZSSSSSnU
I 'i nn rtartw wfTl 1... tit.
Lind confectionery at S:X a. m.
and drive to tbe lake hv vi af
an . - - -
ouTMiou, acous mus and Crook
Chemeketans to
Visit Moss Lake
On Sunday Hike
WarnerBros.rin2
-tip the cortain on
ine wonaers oi a
new show world! I
14 rreat stars! 50 k
featured players!
it
El
NO ADVANCE
IN - PRICES v
COMING 4 DAYS
STAUTING SUNDAY :
, IT YOU LITE TO
BE 100 YEARS
OLD , YOU'LL
NEVER SEE AN-
OTHER SHOW.
LIKE IT.; w
Riley EAdution
Set for June 2
Osborne to Talk
About Sale Tax d F!n9r roL Hos
UUUL tJdlCb 4 d X. Orayca, Duaigan of gcotts Mflls
wlU lead the bike. Coffee will be
een i. usoorne, executive ee-iserreo. TraaroortstioM fM wtii
cretarr oi ma uregoa a eaarauon i oe st cents, trail fee a dime.
oi lAaor, vui speax as tne ea
lem Trades and Labor council
meeting at T:St o'clock Tues
day sight concerning the sales
tax, be notified Theodore Amend,
local secretary, yesterday. He
urged that all union delegates at- BURNS, Ore., April 10 (AP)
teao. Tne moor federation reugntl aarry Riley, 47,- was today
t&e sales tax at the last leglsla-j sentenced to be "hanged at tbe
thre session. - I Oregon state prison la Salem
June 1 for tbe slavlaa or hi.
DAKOTA MEET POSTPONED I wife, Hilda Tbomburr Rflsr. "Rm
The meeting ot the Salem Da-remained silent when the court
keta lab scheduled for - today asked It be bad any comment to
nas tea postponed untn uext I maxe before being sentenced.
jrnaay on aeeounc er a-missiea-
caurca.
girls, Theone Foster.
HunriFii
PERMTS
BRAVES FOUR HITS
NATIONAL LEAGUE
New York S
Pittsburgh 3
Brooklyn ......... S
Chicago S
Philadelphia 3
Cincinnati ........ 1
St. Louis 1
Boston 0
1.000
.750
.000
.000
.500
.333
.250
.000
A survey of the record shows
England's suspension of gold
gave commodity prices only a
monetary lift, but It aided Great
Britain to bold her prices, la
terms of sterling, relatively sta
ble. At the same time gold prices
here and In France continued
their dismal decline
Better prices for commodities.
bankers explained, should In
crease the ability of all producers
of raw materials to buy; an Im
proved credit fabric should re
sult, and jobs should multiply.
Newton'Gets
Decision on
Patchin
MONMOUTH. April St A
professional wrestling - 'match
held last night ta Monmouth
high school's gymnasium drew
oat anaay fane. The card lnclad-
ed several boxing bouts featur
ing bigb school boys, as follows:
J. Murdock vs. - Wlasgar, 140,
three 3-minute ' rounds draw;
Beckley vs. ' MeKern, ' 180, three
3-mlnute rounds, draw; O. Mur
dock "vs. Baker," 30,' three rounds,
Murdock; Baker vs. Petrie, to,
three rounds, Petrle. .
Wrestling Jack Brentaso,
14$. Canadian welterweight
champion vs. Joe Gardiner, 147.
from Portland, one tall each to
draw.
Everett -Prof Newton. 141.
Pacific coast welterweight cham
pion from Oregon City, vs. Chub
by Patchin,. Portland, and ex
coach of Monmouth bigb scbooL
Newton was awarded the decisloa
over tbe boos of tbe crowd. It
took tbe combined efforts ot Re
feree Jack Hurley, ot Los An
geles, and Newton to secure tbe
deciding fan.
Considerable excitement was
aroused when Hurley pulled
Patchin oft. slamming him to tbe
floor of the mat. Patchin .had
Newton In a bad way. but seizing
the Immediate advantage, New
ton Jumped on Patchin and was
awarded the tall. When Patchin
accosted Hurley concerning the
decision he was again slammed
to tbe floor. Hurley's action did
not go over well with the crowd
HIGH SC M
NEW YORK, April 20. (AP)
Carl Hubbell set Boston down
with fonr hits and struck out 13
today as the Giants won their
first home game of tbe season,
1 to 0.
Boston 0 4 0
New York 1 8 0
Frankhouse and Hogan; Hub-
bell and Mancuso.
FOUR TEAMS ENTER
IT SERIES
1
Phillies Bang Sphere
BROOKLYN, April 20. (AP)
The Phillies shelled Watson
Clark and Ray Benge for seven
runs In the first four Innings to
day and defeated tbe Dodgers, It
to 2. Elliott and Pearce held
Brooklyn to four hits.
Philadelphia 10 13 3
Brooklyn 1 4 3
Elliott, Pearce and Davis:
Clark, Benge, Mungo, Lucas and
Lopes, Suketortn.
Cabs Bunch Blows
ST. LOUIS, April 20. (AP)
Chicago bunched hits to defeat St.
Louis In the opening game of tbe
National league season bere to
day, 3 to 1.
Chicago 3 0 1
St. Louis 1 t t
Malone and Hartnett: Dean.
Carleton aad J. Wilson.
DALLAS, April 20 Plans for
the annual series of the Dallas
Twilight League are rapidly being
completed and It Is expected that
four teams will be In the field for
the opening day. The members of
the commission for 1933 are Lelf
S. Finseth, T. B. Hooker, R. T.
Morrison, R. C. McKnight, snd
Earle Richardson.
The Farmers, champions for
the past four years, will not enter
a team. It Is expected that tbe
Pioneer Hill Billies will enter a
team this year and use several
players from the Farmers outfit
on their squad. Tbe other three
teams are the Firemen, Legion
Hares, and Industrials.
The report of the league for the
1132 season showed that the ex
penses for tbe season were ap
proximately ISO. This was used
for balls, bats, working the
grounds, and other equipment. A
balance of 124 remains la the
treasury from last, year aad will
be used to start the season eft
this year. Tbe league Is financed
by the sale of season tickets at
II each.
Cincinnati at Pittsburgh post
poned, rain. :
Spring Tourney
Opens at Salem
LICENSE IS ISSUED
SAN JOSH. Cel., April 30.
(AP) - A marriage license was
Issued bere today to Donald L
Wagar, 32, of Multnomah, Ore.,
and Charlotte C. W. Koeppen, St,
ot Marion, Ore.
Club on Sunday CHICIKEJS JjLLS
The annual spring handicap
tournament of the Salem Golf
club will get under way Sunday,
officers of the club announced.
That day and the entire week fol
lowing, ending April 30, will be
given over to the qualifying
round, and the flights will be
made up for match play to start
early in May.
Indications are that tbe entry
list tor the spring handicap will
be greater than ever In tbe past
this year and that the rivalry will
be more than usually keen.
Qualifying play ta the Elks'
tournament win end Sunday.
tat Ckut(m.MA
it, 4 Mils tU J V
mum tea, a tk Mm W
iilbtM. Tk llh.F Bay V
mm mmmt- Safrd. BaHiibta. tfrnrr Mmmr I
S8LD ST BICCG1STS EYTlTWatXl
CAMELS ?
THEY TASTE
V CW". r mmmm .
A:
7
GIST IS SELECTED
Tbe cast tor the student body
play to be given at the Salem
hizh school auditorium. May St,
has been chosen and announced
as follows:
Ma Robinson, Jean McElhln
nev: Hazel Robinson. Maxine
Hill; Pa Roblnaon, Francis
Barnes; Mrs. Jennie Baldwin,
Irma Oehler; Matt McAllister,
Charles Barclay; Bill McAllister,
Parnell Kupper; Rcdlo Jenkins.
Joe Baker.
Understudies are Catherine
Headrick, Edna Savage, Margery
Kissllng and Keith Middleton.
Sam Hughes, Forensic manager,
Is in charge of the production.
Frank Torgerson, popular Chem
eketa player, has been chosen as
coach.
awBsw '' 3" '
eBSaaB. --awlasw - , '- v
SBBBBSBBSSSbbbj
Sample Round Trip
Portland $1.00
Eugene .
Roseburg
Sledford .
$10
..$40
$8.50
DEPOT
HOTEL SENATOR
Phone 4151
W. W. Chadwkk, Agent
BARGAIN
RATES
Greyhound's low tares are good
not "for just a few dart", but
every day, every schedule, with
much longer return limits. No
need to wait for special days. Go
by But . . . Enjoy the SpringV
Highways and get a new concep
tion of travel enjoyment. You 11
find more frequent schedules
than on other travel ways, too.
whether you're the 'frilly' type
type--"--
You'll Choose
our
1-1 1st. I V COWAJ"5f
l Coxninjr V
OLLYVOOPl
TODAY SATURDAY
Tonight is Amateur
Night
THREE PRIZES
$5.00 . $20 & $1.00
AND TWO BIG
FEATURE PICTURES
7 icsosmm ncTsm-.
A hntn nlctara of
tinmnsrfirt ta ths tbrrr
4Eftrl when tbey toand tbexa
eelves east away on Q Jfrffsw
Coast.
aad Oar Second Feature
- '- Tbe automotive Industry of the
United SUtes In 1J31 used about
ts per cent or an the rubber and
gasoline consumed In tbe coun
try, and IT per cent of an tbe lub
ricating oil.
Watch
: for
COMING NEXT
V WEEK
a 7
EJ1&ME
0
ARGA1N
DAY
TONIGHT IS PAL NIGHT "
I" PAL TICKET ' wb prseated with oaTl
I ADMIT ONE toriS1?0 ,
I ' GOOD TOXTTB OJTLY - APSXt. 81 4
j G RA N P ,XHEAT.REj
We Accept Local Currency
t THIS FRIDAT KITE
. - AMATETB IflTK
Three PrIses fSUkV SS.00
It yea caa sing, daace or play a
musical lustra meat get la this
, contest. CaU tbe theatre.
II, ;
or the veiy tailjoieq
v & " 1 Y
U I III . mm m. m L Trrr sns.TyirriT I
, , n in. .I, I, in. ii i i
ill r R- m r-. -
. III I 'It V I
mm
SPRING
CREPES
at
It's hard to believe but it's
true! Every important spring
dress style . . every impor
tant crepe, . . smooth,
rough, dull, and crinkly.
Beautifully fashioned, terri
bly flattering! And just what
you'd expect to pay about
$!5 for!
Crip White Trim
Little Jackets
Small Prints
Contrast Bodices
Printed Sleeves
V .. .. W1
r-,;
D 'B P D .?;XI E W "S.
H0 M. UBEHTT '
y it q n n
m
f